Technical analysis update:
After the pattern archived: as I mention the last post- the pattern suggests the bullish trend, for the coming trading sessions, pointing that the prices creating a possible bullish pattern that its confirmation wti level situated at 52-53 $, from looking at the charts we can see also the resistance at 52-53 area This pattern also suggests some corrections after reaching the target. Breaking down 48.20 followed by levels will send the crude oil to cope with 41-42 $look on the white strip – you can see clearly the block on the upper areas – 52-53$ pricescrude oil forecast

oil

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